Heliospectra: Mixed fortunes in Q2 (Västra Hamnen)
Västra Hamnen Corporate Finance has released a research update on Heliospectra AB following its report for Q2 2019. The report shows lower sales than expected but a higher gross margin. On balance, this supports our current fair value range.· Lower order intake and sales but improved gross margin · Established presence in Tokyo, Japan · We maintain our fair value per share interval of SEK 6.20 – 9.60 In its report for Q2 2019, Heliospectra reported a slowdown in order intake and sales from the previous quarter and came in below our estimates. This is according to the company due to